Microcars

Microcars

Global Microcars Market to Reach $51.4 Billion by 2027
In the changed post COVID-19 business landscape, global market for Microcars estimated at US$44.5 Billion in the year 2020, is projected to reach a revised size of US$51.4 Billion by 2027, growing at a CAGR of 2.1% over the analysis period 2020-2027. Electric Microcars, one of the segments analyzed in the report, is projected to record a 2.6% CAGR and reach US$22.5 Billion by the end of the analysis period.

The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 2.8% CAGR Microcars market in the U.S. is estimated at US$3.7 Billion in the year 2020 and is forecast to reach US$4.2 Billion growing at a CAGR of 1.7% over the analysis period. China is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 2.8% over the analysis period 2020-2027. Among the other noteworthy geographic markets are Europe and Canada, each forecast to grow at 2.0% and 1.6% respectively over the analysis period.

Select Competitors (Total 57 Featured) -

  • BMW AG
  • Daihatsu Motor Co., Ltd.
  • Daimler AG
  • Fiat Automobiles SpA
  • Groupe Renault SA
  • Honda Motor Co. Ltd.
  • Mahindra Electric Mobility Limited
  • Mitsubishi Motors Corp.
  • Piaggio & C. Spa
  • Suzuki Motor Corporation
  • Toyota Motor Corporation
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.


I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Microcars – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of COVID-19 Pandemic and Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
How the Automotive Industry was Impacted by the Pandemic & What’s the New Normal?
Car Production YoY % Growth in 2020 Across Major Regional Markets
Pandemic Impacts Demand for Microcars
Increased Use of Mask-Vacation Pods at Workspaces, An Opportunity for Microcars
An Introduction to Microcars
Microcars: Promising Alternative to Traditional Vehicles
Global Market Prospects & Outlook
Developing Regions to Witness High Growth
Competition
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growing Challenges of Urban Transportation Enhance Importance of Microcars
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Growing Road Congestion and Restricted Parking Spaces Fuel Need for Smaller Microcars
Urbanization and Emergence of Smart Cities Spurs Demand for Light Vehicles, Microcars to Benefit
Global Smart Cities Market: Annual Sales in US$ Million for Years 2020 and 2027
Rise in Two-Wheeler Accidents Turns Consumers towards Microcars
Regulatory Pressures to Reduce Carbon Emissions Drives Focus onto Micro-Electric Vehicles
Trend towards Small and Low-Speed Electric Vehicles
Hybrid Cars to Remain in Race in Near Term
Government Support for Electric Vehicles: Micro-Electric Vehicles Market to Benefit
Micro-Mobility Trend Fuels Importance of Microcars
Global Micromobility Market Size (in $ Billion) for 2020, 2023 and 2026
Could Microcars Emerge as the Future of Shared Mobility Services?
Microcars Proved to be Successful for Car Sharing even before Pandemic
The Advantage of License-free Driving Bodes Well for Microcars Market
Changing Mobility Trends Affect Design Changes
Motorized Quadricycles Market: Poised for Healthy Growth
Safety Aspect Remains High Priority among Consumers
Stringent Eco-Norms and Safety Rules to Increase Prices of Microcars
Small Engine Compact Cars to Witness Robust Demand
Solar Electric Microcar – A New Development
Consumer Perceptions: A Major Hindrance for Adoption of Microcars
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Microcars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 2: World Historic Review for Microcars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 3: World 12-Year Perspective for Microcars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2021 & 2027
TABLE 4: World Recent Past, Current & Future Analysis for Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 5: World Historic Review for Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 6: World 12-Year Perspective for Electric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Hybrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 8: World Historic Review for Hybrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 9: World 12-Year Perspective for Hybrid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
TABLE 10: World Recent Past, Current & Future Analysis for Petrol / Diesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 11: World Historic Review for Petrol / Diesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 12: World 12-Year Perspective for Petrol / Diesel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
TABLE 13: World Recent Past, Current & Future Analysis for Personal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 14: World Historic Review for Personal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 15: World 12-Year Perspective for Personal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
TABLE 16: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 17: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 18: World 12-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Microcars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
Microcars for Car Sharing in the US
TABLE 19: USA Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 20: USA Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 21: USA 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 22: USA Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 23: USA Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 24: USA 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
CANADA
TABLE 25: Canada Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 26: Canada Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 27: Canada 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 28: Canada Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 29: Canada Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 30: Canada 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
JAPAN
Microcars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Market Overview
Japanese Minicars Market Breakdown by Leading Manufacturers (In %) for 2020
Increased Prominence of EVs: Implications for Keis Market
TABLE 31: Japan Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 32: Japan Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 33: Japan 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 34: Japan Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 35: Japan Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 36: Japan 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
CHINA
Microcars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
Market Overview
Carbon Credits Program to Expand Micro Vehicles Market in China
TABLE 37: China Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 38: China Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 39: China 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 40: China Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 41: China Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 42: China 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
EUROPE
Microcars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Market Overview
TABLE 43: Europe Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 44: Europe Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 45: Europe 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 46: Europe Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 47: Europe Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 48: Europe 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
ASIA-PACIFIC
Microcars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Promising Potential for Microcars Market in India
TABLE 49: Asia-Pacific Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 50: Asia-Pacific Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 51: Asia-Pacific 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 52: Asia-Pacific Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 53: Asia-Pacific Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 54: Asia-Pacific 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
REST OF WORLD
TABLE 55: Rest of World Recent Past, Current & Future Analysis for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 56: Rest of World Historic Review for Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 57: Rest of World 12-Year Perspective for Microcars by Fuel Type - Percentage Breakdown of Value Sales for Electric, Hybrid and Petrol / Diesel for the Years 2015, 2021 & 2027
TABLE 58: Rest of World Recent Past, Current & Future Analysis for Microcars by Application - Personal and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 59: Rest of World Historic Review for Microcars by Application - Personal and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
TABLE 60: Rest of World 12-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal and Commercial for the Years 2015, 2021 & 2027
IV. COMPETITION
Total Companies Profiled: 57

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings